SEEVA Raises $2 Million to Help Autonomous Vehicle Visibility Sy - KCTV5

SEEVA Raises $2 Million to Help Autonomous Vehicle Visibility Systems See Reliably in All Conditions

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SOURCE SEEVA

SEATTLE and DETROIT, Feb. 14, 2018 /PRNewswire/ -- SEEVA, the company designing visibility systems for mobility, today announced it has raised $2 million in seed funding to grow the SEEVA team and continue developing product solutions for mobility. SEEVA's seed round includes support from Trucks VC, Dynamo VC, Expansion VC, Haystack VC and Revolution's Rise of the Rest Seed Fund®.

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"When Jere Lansinger, my co-founder and dad, retired from Chrysler after forty years as an automotive engineer, he took with him an approved list of projects he continued to tinker with into retirement. This is how SEEVA started," said Diane Lansinger, co-founder and CEO of SEEVA. "Realizing the visibility problems facing autonomous vehicles and advanced driver assistance systems, Jere created a washer fluid heating product that cleans and helps these vehicles see more safely and reliably. At SEEVA, we're creating a trustworthy family of innovative, patent-protected products that are going to build driver and rider confidence in self-driving cars by making the hardware and software in these autonomous vehicles see the road more clearly."

BI Intelligence, Intel and Strategy Analytics recently predicted ten million autonomous vehicles will be driving on the road within the next two years, amounting to a $7 trillion market by 2050. With autonomous vehicles and advanced driver assistance systems beginning to mainstream, one of the current limitations of these vehicles is their inability to see in poor weather and environment conditions such as bugs, mud, snow, freezing rain and ice. With SEEVA's patented washer fluid heating system SEEVAtherm, windshields, cameras, LIDAR and other sensors can be quickly cleaned to maintain visibility and keep passengers safe.

Learn more about SEEVA's technology by visiting our website and watching our video.

About SEEVA

SEEVA designs visibility systems for mobility. The company's first proprietary product, SEEVAtherm, can quickly clean windshields, cameras, LIDAR and other sensors to help vehicles see more safely and reliably. Founded in 2016, SEEVA is a graduate of the Techstars Mobility program and is dually headquartered in Seattle and Detroit. To learn more, visit SEEVA and follow the SEEVA team on Twitter, LinkedIn and Instagram.

Media Contact
Rachel Fukaya
Barokas PR for SEEVA
seeva@barokas.com
(831) 229-5761

 

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